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Out of court deal for Ashley Law

Ashley Law has settled out of court in a dispute with a former adviser over commission.

The firm sued former IFA Peter Holsey in a bid to reclaim commission. The case was due to go to court this year but the firm reached a settlement with Holsey at the end of December.

Managing director Jock Cassidy confirmed to Money Marketing that a settlement had been made but would not give any details.

Nine former Ashley Law advisers are taking legal action in a bid to recover what they claim to be lost earnings and commission from the firm.

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